HomeMy WebLinkAbout1903 ~ . ,
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T1~t i~ eM ~+wt ~ a ait W~ iordweei r i~e~elw tY~ rwt~y~, d» ~~q a~Md M ahy a w? dM durluR
~~oerel~wn wit M tM ~o~t i~ j~ci~dieeiM ~not f~c eM y~otw~at ~E a ~~E ~ti ~d~ dw ox~t~aed ~+~pe~v. +sa
~t s~ i~o~s«?~ i~~ a~ nwew~ tMr+d, ho~ w?~tae ~rot i~eittl z r/ tiaw~ 7t i~ ?eceb~ acp~adp oo~esanetd
n~ a~c~ eMt eM aurt ~11 i~tdiwW stp~iat wd ceoeinr wit? tM wual Nwas ael d~ ot nodras ta tikt we~; anA ~aid ap-
~ptst~~ t M o~sd~ bp tM oeue~ a s a~a eE ~uia cisbt ~s tie a~ wit~oNt refsnaa » tN 4t
~ M~ ~Vwq or jnadequa~,7 oE t
1~Wt~ ~~~r N~a~b~~?a~t rI~it b~ ~
a
~ ef • ~ ~
a[
~i~iad ~h~
~ a w~ wi~ T1it
a~~pd
~~!1 b~ a~d~ a~ w ~daieted puiq Md a~ a~ta~ of ~ol~e ei~At M e?t ~/eetppe ~sd t?ac tM ~ eooKaa e6at w~
~ bs doot wit~ou?'
- i. T3st tt aq ~roo~ediop ttieoW be Ia~titutea ~pia~t tM propettp oo~ered ?7 tr4 aset~a`t upo~ etber liea or daiis w~etba
aperiK_ or )uoie~ 1~ tie lie~ of t?b t~s lilottp~es oq at te optba lmm~diatsl~ npon ia~titutio~~ ~neti suit or durist t?s pend-
tW~ awt~e ud~edsw Mcured Laae~ dus ud payabl~ te~t?w~Y aod mq at ib optioo prooeca a ionelwe ~
7. '11o p~p all and~qla~ulW tM oo~a1 fee~. du~ ud e:peaw o~ e~sq? ~I~d~dL~ dK oat ef sn ekt? said lsnds
touad ~ bt aoo~eoient a~ ~ediait ie oo~sxtio~ wIe? ae~ ~uit foe tM to~eelaor~ ot aod alw Ioel
~ M OOt/j~~i0 W ~MM~ Y{ i~ ~.r l~r.wr~ ~M . ~ ~ ~iY! O~ ~t ~v~~ ~
wy iMiw:rw .wMww> . !7~!~!4~ M 1e~ l;mR •
Moc~a~o~ a p~ora~, ca.~ wkr aod abids b~ aU or of eM oo.maot~ co.dteka. asd~.dpulaeio.i of aid pomi.ory aote. or t?~ ~
oo~ase, io cr~ h~osuce oE d~a~o~p u~ L ootle~ e~s a~a~nc Neoe~d Y~e~~ whl ~t widwrt lepl ~ sod a ee~-
_ bu+~e the 1+lor~e for ersq pUr~at ~de or I~enrred tK ay a~dpo cpat wk1 iotaat fros ~e af trerr we~ pa~ment` st tb~ ra~e of
~ht Psc cent S)~a aanus: wd~ p~,y~nq aad obli~atiooti wie~ iooenst ~tiereoa as s~aatd. ~Yail be seeuced bp t~e lies becm~
1ti ~tM boildins ~r bai~ ~sv~ oe rereafta oa ~aW laed ta~ured a~aio~t ior o~ daeoap bp ~re. ~nded ca~cr~e asd ~
w~a perir, iaet wu rbt iawcae~e i a~ailabl in a a~ aot ka t6aa c6dr fnlt i~wnbis ~due ~R tre ooK sod '
s In s o00paq~r or oov ~j? ~ espe~se oE tbe ~ort
i~~naa s?aU Oa~e atfi~ed t~
~~Snsda[a I~rw Yor1~ ttis ~ o~ pdida ~u be 1KW blowes ueda s p~.o6'aa~ ~e a
d~e a tb ~t mar appear. ~sd a de~~er a~d
p~ or p~dp~j~~ lau or w~eo iaoed wftb d~e reoapb tor t~epa~-
seat
of~t
e~pcemi~ tlercfor; and ia tl~e enat aap wm of beoo~sa w~da~s
polie~ or polides~ the Mort~a~ee ~4a11 6a~e
~ d~e op~a m raai~e aud appqr tM aoe a~ aocouot of tl~e L~l~ ~eeur~~~ or m p~iC d~e D~orcp~or eo reod•s and we iy or anr
P~ P~~P~+~ ~b7 w~~io~ oe isp ~ eqdV. liea er m~du or br tirtue o~ t6t~ aod
t~t 1Ro~tsajee if h daw ~eea~aq aed paq iK w~ i~~ ee ayr paet d~naa~w~dieut IodeR wai~ ar aff~~ort-
m~i6ai1 bac~iatece~t hoe~i date a~ ooder tbM iooe~ asd e~re*7 ~ W7?~
paid at t?e r~ue af ds?t ~ eat (t~~1~G) per aonusr a~d aU s~ p~~scnb wjt? Ltecat a~ ~
ato~e~aid sleap be seonad b Ne liea 4eeof. Ia d~e e~e~t aop lor er da~e L tuffa+ed 1~or~o~ s~al! sotif~ Mor~ of wer lo~ oe
damass w;tL1a fo~rty-ds?t ~4=) ~oon afta etie tia ereceof; tie hiloe~s es ~n wek aoeia ~6~11 aondtnte a dda and tbe Mo~a-
~ee sAall hafe tl~e ris?e~ radn si~es fo~ aq defa~
f. To ~adt. OO~t K ~OE~lt M RMLt iOd !O t1t LY~l~lOb at tII ~I~d L t~! OE ~OOd ['lpf~~ iOd COOdItIO~ I
M d~ eepp~ r 6~ doae M tdd ~resi~a ~etria~ t~t wlll aker K eiaap tM we aed eianetet oE ~dd o~ i~ ae~r wa~? tmpaic ae
~ - wattea t~ sxuriq of aid~t~e, L t~se oE t~e r~wal~ ne~lxt K ioaWNq of t~t w e~cpair~ao~mainain atdpcoMetl. tbs i
1~Orcpi~e mq. at ib eptiati make wd~ npain oe eaiwc tk ~amt a be mde aod sd~a~oe~~in ttiat beialf. wbkL wuir ~bsll be secured
~jr ibe !~m )~er~af aod bas IMecat at ttie rm of st~Yt Pa cwt (i9fi) pes atw~mr.
ta 1~ ddi~er ttie abnraa or ab~cr~a oE eid~ as~rata4 t!~ ~at praptey es ~lo~tp~ee ee la daipated a~ea~ K6ic? s6a11 u %
sll tise~ du~ etie Nk aE t~t oo~a~ resaL i~ t~s powe~ eE t~e ~ee ~ad is enat of t~e forselaure oE t~is me~a~e o~ otba
wmfer of tide, all ri~it, titk sad iaan~t eE t6e I?~ortp~er ia a~d to any snc~ ab~tcac! ot ab~trsas ~f dde ~II pa~ m ebe purc~a~et or ~
i*sntea ~ I
. 11. 1tiu w wdver afaq a+e~oR ~ada ~c L t~e obliptiM secnrea 6eeeb~ sraU u ap dse tieeesfta be tidd ts be a wai~er oi j
~pr eE dM atLer aes~ baeoE er of t~e aoee ~ewred reeeb~a
: it 'I'Yat ia erder M aooder~te tLe aatorit~ of ttis i~deb~edoeu lrereb~ ~aeo~ beeams oE e~s fdlore ef t~e ~ aa psy aor as I
~ IisbiU4. ablis~ ~c eesmbnoce upo~ ~aid p+u~e~y? a~ Lads prs~de~, it ~ll ~ot be ~eoa~sq sor reqaatte u t6e Marc~aaes '
~?all 5r~t pa~ ttie ~a~s.
l~. Tr~t it f~t ~e~o~ ~luli fd1. ~lect K reE~M fet a Mriod ef tYet7 (30) da~n loll a~d ptMnptt~ 1s pq~ tie ~ re-
{ qdred a be p~ b~? t4 aots ienbf ~eured ~r e~e ~atsrat t~erd~ sped8ed er aq~ ef tis wir ~ aaief IKrd~ referced ~o oc 4eeb~ ~e-
- arred, ot atberwLe dd7• ~7 ~ p~p ~ witti sod abidc b~? pe~r enq? oe wp a~ t?e oa~eaaob. ooadiaw
er ~tipulaaoos of tW roet~ tM nae ~ seeand or tbe coaatn~ao 1as~ +~ame~ !f aol'. tbe4 and la eitAer or ia
acqf sf a~ e?e~ wit6oat aotia er d tie swids~e~ sao ~ b said ~ note. Iw W~e~riou~ Payvear. lf an7. asd
~sp aed all was iomtioa~d breL or seenrea iereby p~ha be,oose dne a~d panbls fonlwit` K t~arsiter at tit omtiauFa~ oodoO~~
16er~ee as fa~~? aod oe~p~ a~ if aid a~resue wss wtn ~ei~ap~ ~iy~ t~ bt ~aW at we6~ ae~rtido~ ia uid
, aoa or I~e~+ein oo t?c cootrsr~ ' aad tre ~to~tp~ee isU be mdded~t~aeupo~ or t~eeeahet wtt~out ~otke oc dcmaad oo w-
stit~te writ u taw ot i~ ~s ~foroe tbt of t?e ~e iereuode~ er uoder sdd p~omis~or~ aeta L t6e era~t of an~ default
or breacL ao t6t part of tiere~or under aid Praois~ory ootr, tre Mortp~ee tiaq ba~e t6e cootiaui~ option to enforct
W7~t ~ all ~am~ seeureda~ aetim aR law o~ b sdt in to Ioceelo~e t~ mcep~ dttier ar bati, aoecarnacl~ or aberwis~
aod ooe aeeioa or sait a~s!! aot ab~~n or a s bsr es oe ~ier af t~e~ict~a~ee'r r~¢t to imdtate or msiania t~e at6a. pc~o~rided ~aid Mort-
; p~ee ~all ~a~e eay ass pqsc~at ~od sat~aetion of sd~ is~bme~.
1~. T1~t is tb etent t~at Nee~ ~all ooount b ttie appoiammt ~E a reed~a. tr~es oe liquidaeoe of dl or a a~b~tandd
' ~ut af l6atp~i ~ e~ (Zj 6e ~djrdkated a bnk~pt a~ iarehcaq er Sk a~ul~onr~? paitiao ie baatrupee~r ~ admic ia wridn~ ta
laa6iliq a ph ib debs a~ d~ beoooe duuR or (3~ oaioe a ~eaeral aw~ome~t tor ebe 6mcfit ot aeditoes~ oc (4) ~le s petitioa er a~awa
~ekins rar4dsuioo er uraose~eat wIt~ erediwn. o~ ~s ake ad~aotqe oE a~~ io~ot~eoe~ bw. er (S) fik aa amwer admittia~ tbe ma-
teria! al1e~t~oo~ of a pe~ioe Skd yaiint t6e Nart~or ie u~ baatruP~'. reorpdsaefoa ot ie~drmc~? n~. or aetian shall be
, t;kea bJ? ttie 1~4rt~or !ot t~e P~tP~'~ ~7 ~~~i. or (7) aal? ~tder. j~dOoeet arpde~ sralt be tataed npoo an
appILeuiae eE a aed~tx or b~ s c+oart af ooapetsat jariidkaies app~ins • Pedtio~ ~ed3~i ~ppoiotmeat at a reoei~er or enntee
of d! oe a sobqantiat paet af tie • are~s aod a~ei order. 1ud~meot K deeroe ~Yall ooati~oe umta~d and ja effeet for aa~ period of .
(30) coo~avtive da~nr, t6s Mat~ee m~r dedars tbe a~t ~e~eb~ ~eau~ed to~wit6 dut wd pa~sbly wberenpoa tbep~ pai of snd
tbe seeroed m ttie aooe ud all atrer am~ ~ceb~ ~eaaed ~sU bec+ooe fo~w&~ dne aod Mribk ia it all of the said sum~ of mooey
we~e oris[nal~p rtipulated e~ be piW oa a~ei aU?: aed etiereoPoo tk Noet~a~ee wit~ost ~ooa or demasd ma~ pro~eeute a sutt u law aad/or
ta eq~ as if all dooie~ ~eeaoed ie~eb~ Lsd matmea ~ N ib ~a~t~oa •
' is. T6sc d`e 1~o~e~ .r w v~~ h~s Na~ee .tisu ~a.. tLe rt~t w e~er oym aod i.apea ~6e vo~t~ed
p~emi~a at all rea~awbie dme~
li. lbst anr wm or war wh~ a~a~ be baned or ~d~?aead br ttie Maetja~ee ea ere 1Roetp~or a ao~ dme wierh tes (10) 7ean
feom tl~e daee of tLb jadeatiu~, eo~tber wit6 ia~crat tbereou at die rate a=reed ~pon ~t trs diee of sucr lwti or adTaoeq i6a1! be eqnallr sc-
cured whL aod Lsn tLe saes ptioriq r tie e~iod Ind~ed~eN aed b~ ~objxt ~o sli t~e terar ~od ~oos of t6i~ mortPis: P~~d~d,
~~y ~t aq tise iaU ~ot esoeed at aoouet eqwl ~o eae Luadred and ~ifry pa arec (ISO'Xr) o~
l~ ~'bsy ~f ~e~d bfy~ t4 asid ~ wi1! p~ ae~o ttis Meetsa~e~ eo t~s Snt day o~ ac6 aod enery oomecmi~s
ioooe4, • w~ equal a aettwelft` ~ tie ~amwl aoow~t neoawr~ ts tq dl n~es ~od a~e~me~b sptart tre ~aid moct~a~d Premi~ ~aid
mootby wm to be aBo~ated so{dT bp l~oe~t aod pkal~ced is be u asoaet aot te~ ttin tls sewYOt oE ~oa ana~ed apia~t aaid mort
~ 6er~da ~~jme~at oE~n~a ~ a~eee~1~. M~ia 10 P°~? vi ibauaaoe persiwti ia anooer a~d form a~ p~orided
iL 1~at in d~e ~eat tLe M~s w~ici tii~~tp~e i~ si~s te reeurt M s~de fo~ tis of $na~eias dt~er tbe ooo~troedo~
i ~f ecw bnildinp or t?s coa~troeefo~ ~ mpe~r~sar aod/~r adAiBoa ts , ifr~qdred b~ tbs 1~o~tpsee,
~ ~pra~17 ~P~s ~s depo~i~ wle~ t4 Moet~es or its ded~m~ a~ent as aso~t~ ~~qoai
M!
~~Heeaaos betwesa tre aet p~+noc~ds
e~ tLe baa aod t4 total mouK r dc~errdned bir t~t 1~oetPR~ ~o leU~ oosplel~ sdd aoMtroetia~ to aooordaaa ~Y ebe plsar
; snd ~ IKreto~e iobmtaed bp ebe 1~~rt~spr aed a~~~b~tis ~No~e~ Said asouot oE ~ooe~ ~6sq be plaoed br t~e
, l+~o~a~ee io a"Loao~ L Prooeu Aooso~t" L tbe oatoe of t~e . a~d t~e t~s~ ~aU be o~ed di t4 ~ort~ec 1o pap tbe eo~e,r,
: eLsr~es aod e~es iacornd ie aoueWw whi a~id artr~w Nios » d~~~•E lo~ It ir Eortier a~recd tbat i~ tbe event
Wd ooo~ructio~ b ~et ~oly oospkted a. ee b~fie~s eh ~a ~ewa i~ e~t LeasAp~seat K L tLs ereoe t~ae tie wark a~
' s~id oomtraeejo~ s6aq oau 6efa~s fWta oempkt3o~ aid wei oa~a~iew ~iaq osaeiwe ler a~erkd ~f te (10) ~a or if sub~tand~l oaadnuow
~ N'~ ~ail oot be made is ~ne~ owatiaiaq tbea and ~ aq a3 sre~e eM aW s~pepte wy, prisdPai ~ Ioterat. nm8ooed to said
! ~miwoc~r .aotS sad ap mooia ~ea~nd 4abr ~ball beoa~e doe aod pa~abM 6eetkwb6 ar t~ereaka st t5e opewa oft~id Mort~a~ee: sod to
~ dk taaK aE snc~ oawtio~ o!
w~ p~ oom~ruaio~ far s~etiod oE es (1~) aay~ ot if s~aotjal ooottnoew p~+o~new ~6d1 aot bs
made io web eoo~eroetionr r e6s 1~fa~aq ~t ib opion mler in~u aod opm tis ~a and oompkte aid aon-
~ waetiaa fo wc6 oa~sa ~ it dees~ adrtablt ~ i~er6a+a~ot tn~ t~e ~ppr: tit aad~ Lenbf d~at ~f
~ a tLe 1~~es !dl power ad sat6o~ie~ b mate ~ est~ i~o ~ spo~ ~~ed ts eoar iaa a~c6 oonaseti or ar~
; ~~7 ~~rf a~P1e~s ~aid co~atn~oBee~ sed N apesd ae7 aioaia ~sdd 'Zo~n ie Peo~ew Aoooaee" aad
in additioo ao~ mm~s a~ sae7 neee~su7 to ooiuPkte atd ao~netiea; and as~ ~ad all mo~da espeaded bp t6e Morcp~ee in aonaatios
i wit? snc~ oompletioo oE ooerer~etiea m tsass oE t4 moaia in ~aid "I.o~os ia Proes~ A~oooao~' ~q bt added to tie ~aW prtaefpal debt and
~6aU draw iotee~at u t4 r~s pn~ided to aid peooirorf aety aod aLall be seeorid br~ tW a~oetss~ aod ~all be papab4 bp t6e lsoetp~oe
~ M atsa~A.
! g~~ 8~ 55~
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